LSTM vs. Transformer Models in Power Forecasting: A Comprehensive Survey
Accurate forecasting of electricity consumption is essential for optimizing energy resources, load balancing, and grid reliability. As urbanization and the integration of renewable energy accelerate, sophisticated forecasting models become indispensable. Long Short-Term Memory (LSTM) networks have long been relied upon for sequential prediction due to their effective memory architecture. More recently, Transformer models—originally developed for Natural Language Processing—have emerged as powerful alternatives, offering enhanced scalability and superior long-range dependency modeling. This survey provides a detailed comparative analysis of […]